Emerging Markets Startups in Africa
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Emerging markets in East Africa are gaining traction. Local players like Ampersand, Ziroopay, and Fintech Farm are driving innovation. On the ground, there's a buzz of optimism. Business leaders see potential and are actively investing in these markets. The future looks bright, and we can expect further growth and innovation in the coming years.
Cummulative Funding
$79.9M+
Total # of Companies
6
Total Deal Count
29
Total M&A Count
0
Total # of Investors
75
List of Emerging Markets startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Ampersand makes better, cheaper, more powerful motorcycles for the millions of motorcycle taxis in East Africa. And they're electric. | Funding Round | $ 54,990,850 | 2014 | |
ZirooPay is a fintech startup that makes payment simple and provides internet-free, easy-to-use POS terminals. | Series A | $ 12,137,200 | 2014 | |
Fintech Farm is a newly launched fintech startup based in the U.K, with a branch in Nigeria, that creates digital banks in emerging markets. | Seed | $ 7,400,000 | 2021 | |
Inclusivity Solutions builds digital insurance solutions that address the protection gap in emerging markets. | Series A | $ 4,957,076 | 2015 | |
Zlto is a platform that uses blockchain technology to increase engagement amongst youth, track and encourage positive behaviour. | Grant | $ 250,000 | 2016 | |
Flow Global provides liquidity solutions for small businesses in emerging markets, empowering sustainable growth. | Venture | $ 200,000 | 2018 |
Founded
2014
Overview
Ampersand makes better, cheaper, more powerful motorcycles for the millions of motorcycle taxis in East Africa. And they're electric.
Last round
Funding Round
Total raised
$ 54,990,850
Employee
1-10
Founded
2014
Overview
ZirooPay is a fintech startup that makes payment simple and provides internet-free, easy-to-use POS terminals.
Last round
Series A
Total raised
$ 12,137,200
Employee
11-50
Founded
2021
Overview
Fintech Farm is a newly launched fintech startup based in the U.K, with a branch in Nigeria, that creates digital banks in emerging markets.
Last round
Seed
Total raised
$ 7,400,000
Employee
51-200
Founded
2015
Overview
Inclusivity Solutions builds digital insurance solutions that address the protection gap in emerging markets.
Last round
Series A
Total raised
$ 4,957,076
Employee
11-50
Founded
2016
Overview
Zlto is a platform that uses blockchain technology to increase engagement amongst youth, track and encourage positive behaviour.
Last round
Grant
Total raised
$ 250,000
Employee
1-10
Founded
2018
Overview
Flow Global provides liquidity solutions for small businesses in emerging markets, empowering sustainable growth.
Last round
Venture
Total raised
$ 200,000
Employee
11-50